Yep that is helpful. It certainly is Hair algae.
It's not the worse algae to have in a tank. Meaning it's not the worst algae to have in a tank, unlike cyanobacteria. Hair algae is the most common one.
It could mean that the photoperiod (the length of time the aquarium lights are on for) is too long. Try putting your lights on a timer and have the light on for 6 hours only, say 2-8pm.
Manually removing the hair algae is probably the safest option for now. Along with the reduced photoperiod, it should get down to a manageable level. Manually remove any hardscape, like rocks, driftwood, ornaments that are covered in algae. If it fits into a pot, boil the algae off them. If it doesn't fit, leave it out in the sun to dry out before adding it back into the tank.
How often do you do water changes?
Consistent weekly 10% water changes will also help get rid of built up phosphates and nitrates, which causes this type of algae to appear.
Adding more plants will also help control hair algae. If you can find the following plants, try adding them to your tank:
1) Amazon Frogbit
2) Salvinia
3) Water Spangles
4) Water Lettuce
5) Java moss
6) Amazon Sword
1 - 4 are fast growing floating plants that will cut light to the hair algae and out grow them, taking up their much needed nutrients.
5 & 6 are fast growing plants that will also out compete the algae for nutrients and provide your shrimp somewhere to graze and hide.
The combination of manual removal, reduced light, water changes and adding more plants will cause the hair algae to slowly disappear after a few weeks. Don't be discouraged, hair algae is the most common algae aquarists will encounter. The algae spores are all over the place.